Good morning, here’s the news you didn’t hear

E.R. RAMACHANDRAN says: Hello and welcome to ‘Corruption Matters! Channel’.

Here’s the news read by Ghoos Bhai Ghoos.

First, the headlines:

# The telecom scandal of Rs 175,000 crore has now crossed Rs 575,000 crore.

# Bangaloreans will have to vacate their homes as the entire City will be denotified.

# India has requested Commonwealth countries to award CWG on a permanent basis to Delhi.

# ‘Parama Adarsh’ complex is to come up opposite Parliament House for freedom fighters.

# And, as usual, sports, business and weather.

Now, the news in detail:

# Reliable sources have told CM!C that the 2G spectrum allocation scam involving A. Raja has swelled to Rs 575,000 crore thanks to the disruptions and non-functioning of Parliament over the last 15 days. The figure, computed and released by CAG last night, was immediately disputed by the national council for unclean public life (NCUPL).

NCUPL feels various ministries and departments have colluded with DoT and TRAI to present a “less than accurate” picture. NCPL estimates the figure should be more than Rs 875,000 crore. Going by the now accepted worldwide industry norms (one spectrum Raja = Rs 175,000 crore), this works to more than 7 spectrum Rajas.

# Moving on, at the rate at which way Bangalore is being denotified, most citizens, except Cabinet ministers and their near and nearer ones, will have to leave the City soon.

The move will affect the IT industry and the Bangalore international airport in particular. The denotification ministry of Karnataka government (DEMI-K) has already issued notices to IT companies to vacate their land. The BIAL will be shortly moving across to Hosur in Tamil Nadu to fly their planes.

Meanwhile, some well-known ministers along with hitherto unheard-of mining companies have floated a joint sector company, ‘Just Grab’, to arrange to and fro transport to passengers at ‘Hosur Kalaignar Airport.’ Passengers will have the choice of air-taxi, air-bus, plain bus to reach airport arranged by JG.

It’s reliably learnt JG has applied for a loan for Rs 500 crore for this project which was sanctioned last month itself. Cheques have already been deposited in specific accounts to speed up matters. This project was cleared with no windows but only a small hole under the table but big enough to push a hand through.

# Commonwealth countries are said to be reacting positively to India plea that all future games, including the opening and closing ceremonies, be held in Delhi. This which will keep the chairman of the organizing committee and various agencies such as NDMC, CPWD, Delhi Metro etc fully occupied till kingdom come.

Your channel has learnt that IOA has specifically requested permission to organize each and every “Queen’s baton exchange programme” as it has acquired sufficient expertise in handling procurement of queen-size toilet papers,  umbrellas and organizing  taxi–service .

# Good news for freedom fighters across the country. A new complex, Parama Adarsh, is being planned bang opposite Parliament House in Delhi  A 62- storey building comprising 552 flats, malls, swimmimg pools, seminar hall, spa, yoga and astrology centres, and tennis courts will come up in the sprawling complex to commemorate 62 years of freedom.

The complex will be built by a conglomerate of builders who will raise loan from LIC housing finance for Rs 1,000 crore. Earnest efforts are underway to trace the freedom fighters.

# And in sports. In a surprise move, both IOA and BCCI have come together. The IOA which has enormous experience in organizing CWG will join hands with BCCI in organizing future auctions to select IPL Teams. IOA will also handle publicity in print and electronic media, Bollywood, fashion shows, etc, for BCCI.

And finally, business news and the weather.

The rupee held its own against the onslaught of brokers trying to sell benami sites, and to form quick and fictitious joint-ownership companies.

The weather continues to be bright and cheerful all over India for denotification, housing allotment, housing loan, telecom allocation, and other scams.

We will be back with more news in an hour, or as and when it breaks.